Property market statistics

As of October 2025, rent prices in Italy average €14.6 per m², but that national figure hides big regional differences. Looking at the most expensive and cheapest places to rent in Italy sets the scene.

After several years of uncertainty, Italy’s residential property market is regaining momentum. A combination of favourable macroeconomic conditions, including falling interest rates, contained inflation, and renewed household confidence in property as a safe investment, is driving this resurgence.

The Italian housing market has seen a small slowdown in the third quarter of 2025, with the average price of second-hand homes falling 0.7% to €1,815 per square metre.

Puglia has become one of the most attractive regions in Italy for real estate investment. According to recent data from Re/Max, both international buyers seeking luxury properties and investors looking for more affordable homes to rent out as holiday accommodation are driving the market.

The Italian property market is thriving, closing the second quarter of 2025 with strong growth.

In the second quarter of 2025, renting a home in Italy has become more financially demanding, while the cost of buying with a mortgage has eased slightly.According to new research from idealista, the leading Italian property portal, the average rental effort rate — the percentage of household income

Italy’s residential property market is showing clear signs of recovery. This is the finding of the latest Residential Quarterly Outlook – H1 2025 published by Patrigest, the research and valuation company within the Gabetti Group.

Italy's housing market continues to show resilience in 2025, with property prices rising year-on-year despite a marginal quarterly decline.

The outlook for 2025 is marked by challenging forecasts, with uncertainties stemming from central bank decisions and the ongoing trade war. However, the real estate market in Italy has reasons for optimism.

Buying a home in Italy is becoming increasingly expensive. Compared to 2019, the average cost of purchasing a property has risen by 16%. Milan remains the most expensive city per square metre, while Trieste has recorded the sharpest increases.

Sales on the rise in the second quarter of 2024, with average prices per square metre increasing in Italy and a cut in ECB interest rates.

In a complex economic context, the city of Rome is undergoing transformation. Rome has always been a cosmopolitan city that today, thanks to PNRR and Jubilee funds, has the opportunity to transform itself and see entire areas reborn.

Premium real estate globally is experiencing price increases: average annual prices are reported to have risen by 3.7 per cent in 45 countries from December 2022 to December 2023. This is according to data from Knight Frank's Prime Global Cities Index.

The United States and Germany together account for around a third (31.6%) of foreign visits for luxury residential property on idealista, Italy's leading real estate portal.

Despite the changes in the rental market in recent years, the luxury residential segment is holding its own in Milan.

Prices for luxury residential in the world's largest cities will continue to rise in 2024.

2024 is already in full swing and real estate market experts are outlining their forecasts for the development of real estate in the coming months, starting with the events of 2023.

According to an analysis by Bankitalia, based on ECB statistics, 5% of Italian households own 46% of the country's wealth. Wealth, about half of which, on average, consists of housing.

Most Italians' homes have a surface area of less than 100m2. The percentage of dwellings that do not exceed this size amounts to 61% of the total number of listings on idealista.

According to the latest Economic Survey on the Housing Market in Italy, covering the first quarter of 2023, conducted by Bankitalia, Tecnoborsa and the Agenzia delle Entrate (Inland Revenue), inflation trends will continue to have a negative impact on demand for housing.

If you're planning on selling property in Italy, one of the biggest questions might be how long the process will take. Property owners almost always want to conclude a sale as quickly as possible, however, there are several variables that are difficult to predict.

We are approaching the end of the year and idealista/news is taking a look at the residential rental market in Italy in 2022 by asking experts in the sector.

You have be quick if you want to rent a property in Italy.

The post-pandemic situation, inflation and the energy crisis following the war in Ukraine do not seem to have seriously impacted the residential transaction figures for the first half of 2022 in Italy.

The 30th Forum of Scenari Immobiliari, "The Future is Now", which took place in September 2022, has provided an outlook of what could be in store in both the Italian and European real estate markets in 2023. Almost all forecasts for the real estate sector have strong hopes of good recovery: in